The music industry made $43 billion in 2017, but artists only took away 12% of it It's a hard-knock life for musicians, who drive their industry in the first place. Related Posts: SoundCloud’s updated artist contract is seriously troubling for music creators Research shows music industry losing $2.6B a year due to retail stores’ improper streaming
Spotify now boasts 83 million subscribers, reports second quarter loss New numbers show Spotify's ups and downs since going public earlier this year. Related Posts: Spotify rolls out new artist-muting feature Sunday Morning Medicine Vol 162, with ZHU, Mat Zo, Luttrell, + more
Bitcoin technology could change the streaming industry forever A handful of new startups aim to apply Bitcoin's blockchain technology to music metadata ensures artists are paid royalties from even unauthorized streams. Related Posts: Wave goodbye to a trove of new, unreleased Jauz material that will never see the light of day Calvin Harris lets fans engage him in impromptu Twitter Q&A, distances himself from EDM
SoundCloud’s annual revenue up 43% to nearly $28 million According to data shared with'Digital Music News, SoundCloud's annual revenue is up 43% compared to last year Related Posts: Good Morning Mix: A-Trak and Claude VonStroke drip in finesse on episode 177 of Night Owl Radio Luca Lush releases flip of Skrillex and JOYRYDE’s ‘AGEN WIDA’
Credit Suisse predicts that revenue from streaming services will increase sixfold from 2015 to 2020 The financial service company estimates that the global music industry will see revenue increase in 2016 for the first time since 1998 Related Posts: The music industry made $43 billion in 2017, but artists only took away 12% of it Spotify now boasts 83 million subscribers, reports second quarter loss
